Japan's Prime Minister Ishiba Announces Resignation
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Ishiba's Resignation: Japan's Prime Minister Shigeru Ishiba plans to resign due to pressure from his party following a significant parliamentary election loss in July.
Party Leadership Election: His resignation comes ahead of a decision by the Liberal Democratic Party on whether to hold an early leadership election, which would act as a no-confidence motion against him.
Analyst Views on EWJ
Wall Street analysts forecast EWJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 84.780
Low
Averages
High
Current: 84.780
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
